Friday, 6 March 2015
Last updated 6 hours ago
Jun 10 2011 | 12:01pm ET
Hedge funds continued to rake in money from investors, according to hedge fund administrator GlobeOp Financial Services.
The firm's GlobeOp Capital Movement Index has risen 1.36% over the past month, indicating that inflows were larger than redemptions over the period. The index has risen 13.6% over the past 12 months.
"Investors remain committed to hedge funds despite volatility in many markets," GlobeOp CEO Hans Hufschmid explained.
Still, investors are apparently becoming somewhat more wary: Gross inflows were 2.03% during the period, their lowest level in two years. Indeed, the rise in the index over the past month was substantially down from the previous month's 2.29%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…